Latest Elon Musk News and Insights | Yellow

SpaceX could generate up to $500 billion a year from artificial intelligence infrastructure after expanding AI compute capacity nearly sevenfold by the end of 2027, Elon Musk said. Key Points: Musk said SpaceX aims to increase AI compute capacity from 1.4 GW to 10 GW by the end of 2027. He estimated

Elon Musk backed Cloudflare's forecast that non-human internet traffic could reach 1,000 times human levels within five years, after machines overtook humans in May. Key Points: Musk said Cloudflare’s forecast is accurate and AI agent traffic will vastly exceed human internet use. Cloudflare CFO Tho

Elon Musk's fortune climbed back above $800 billion on Friday after SpaceX shares surged 16%, reversing much of a steep post-earnings selloff. Key Points: SpaceX closed at $133.11 on Aug. 7, a 15.8% gain that capped a two-day rally worth more than $327 billion in market value. Musk's net worth reach

Elon Musk told analysts that SpaceX now expects $1 trillion in annual revenue by 2030, a year earlier than the target it set before its June listing. Key Points: Musk moved the internal $1 trillion revenue milestone from 2031 to 2030 and called 2029 a possibility. Second quarter revenue reached $7.8

Elon Musk's fortune has slid to $684 billion from a peak of $1.33 trillion last month, leaving him poorer than before SpaceX's record public listing. Key Points: Musk's wealth peaked near $1.33 trillion on Jun. 16 and now stands at $684 billion. SpaceX shares have fallen 46% from their closing high